GSTDTAP  > 气候变化
DOI10.1016/j.enpol.2017.11.047
Gasoline demand, pricing policy, and social welfare in Saudi Arabia: A quantitative analysis
Atalla, Tarek N.1; Gasim, Anwar A.1; Hunt, Lester C.1,2
2018-03-01
发表期刊ENERGY POLICY
ISSN0301-4215
EISSN1873-6777
出版年2018
卷号114页码:123-133
文章类型Article
语种英语
国家Saudi Arabia; England
英文摘要

Domestic energy prices in Saudi Arabia are set below international market prices. This, coupled with rapid economic and population growth, is believed to have contributed to the rapid growth in domestic energy demand and, recently, affected the government budget in the face of low international oil prices. In December 2015, Saudi Arabia announced increases in domestic energy prices. This paper therefore considers the impacts, focusing on gasoline, by estimating a demand function and using it to estimate the change in social welfare.


Gasoline demand is found to be price inelastic suggesting that it may be difficult for the Saudi government to limit future growth in gasoline consumption using only increases in the administered price of gasoline. Thus, limiting future gasoline consumption in the KSA might require improved energy efficiency of passenger cars, increased energy awareness by drivers through education and marketing campaigns, and the provision of alternative transport modes within cities.


Although the announced gasoline price increase is not expected to reduce demand considerably, it can deliver estimated welfare increases of up to 1.66 billion 2010 US$ (similar to 6.23 billion 2010 Saudi Arabian Riyals), which is around 0.26% of Saudi gross domestic product.


英文关键词Saudi Arabia Gasoline Demand Structural Time Series Model Underlying Energy Demand Trend Subsidies Welfare
领域气候变化
收录类别SCI-E ; SSCI
WOS记录号WOS:000424962800013
WOS关键词UNDERLYING ENERGY DEMAND ; TIME-SERIES ANALYSIS ; TRANSPORTATION DEMAND ; NONECONOMIC FACTORS ; PETROLEUM-PRODUCTS ; OIL DEMAND ; UK ; TRENDS ; ELASTICITIES ; METAANALYSIS
WOS类目Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies
WOS研究方向Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology
引用统计
文献类型期刊论文
条目标识符http://119.78.100.173/C666/handle/2XK7JSWQ/18304
专题气候变化
作者单位1.KAPSARC, Riyadh, Saudi Arabia;
2.Univ Portsmouth, Econ & Finance, Portsmouth, Hants, England
推荐引用方式
GB/T 7714
Atalla, Tarek N.,Gasim, Anwar A.,Hunt, Lester C.. Gasoline demand, pricing policy, and social welfare in Saudi Arabia: A quantitative analysis[J]. ENERGY POLICY,2018,114:123-133.
APA Atalla, Tarek N.,Gasim, Anwar A.,&Hunt, Lester C..(2018).Gasoline demand, pricing policy, and social welfare in Saudi Arabia: A quantitative analysis.ENERGY POLICY,114,123-133.
MLA Atalla, Tarek N.,et al."Gasoline demand, pricing policy, and social welfare in Saudi Arabia: A quantitative analysis".ENERGY POLICY 114(2018):123-133.
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